CAP
Heres the one I did 2/3 weeks back. New comments in black.
To note:
Nice hammer with volume - buyers not willing to give up the
76.4 fib so easy but needs to hold it. And you have the 195 ema coming up to support.
But - you are still under the 41 ema which has turned down - and you have broken down from
the median of the green fork. I expect a backtest - but you need it to break through.
If it attempts and fails a backtest - that would be bad.
